Building Details

Building Size 3,000 SF

Year Built 1900

Buildings 1

Listing Agency: Lauchlin Real Estate Group

Listed By: Ian Halpin · License #449596513 Show Phone

Source: Capital-entities

Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 1:37PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lauchlin Real Estate Group

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This two-unit duplex, built in 1900, has undergone a full interior renovation. Each residence contains four bedrooms and two full bathrooms; the upper unit also includes an office. The lower unit has two outdoor areas. Open-plan layouts and bathrooms on both levels provide the core configuration of the residences.

Renovation work includes new HVAC and heating and cooling systems, flooring, kitchens, bathrooms, stone and tile finishes, doors, windows, and appliances. Exterior materials include Hardie and vinyl board trim, steel, and composite decking.

Key Highlights

• Two residences, each with 4 bedrooms and 2 full bathrooms
• Upper residence includes an office
• Lower residence has 2 outdoor areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$75,808

Cap Rate

3.03%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,516,160 $1.5M

Cap Rate 7%

$1,082,971 $1.1M

Cap Rate 9%

$842,311 $842.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,000 SF

Gross rent

$113.4K $37.80/SF

− Vacancy

−$5.1K −$1.70/SF

EGI

$108.3K $36.10/SF

− OpEx

−$32.5K −$10.83/SF

NOI

$75.8K $25.27/SF

Area

Boston, MA

Vacancy

4.50%

Lease Rate

$37.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,516,160

Cap Rate 7%

$1,082,971

Cap Rate 9%

$842,311

Alternative Uses

Best Use

Multifamily LT 5

$1.08M

$947.6K – $1.26M (±1% cap)

NOI $75,808 @ 7.0% cap · market cap 3.03%

Second Best

Apartment 5plus

$1.01M

$881.0K – $1.17M (±1% cap)

NOI $70,476 @ 7.0% cap · market cap 2.82%

Theoretical Best

Office A

$2.25M

$1.97M – $2.62M (±1% cap)

NOI $157,248 @ 7.0% cap · market cap 6.29%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Parts Store Daycare Center (Bike/Boat/Book/etc) Store Plumbing Service Acupuncture Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

2,156

Businesses Nearby

Explore this area Business Placement

Demographics for 02127, MA

37,939

Population

19,495

Households

1.9

Avg Household Size

31

Median Age

69%

College-Educated

95%

High-School Grad

2.1 sq mi

ZIP Area

18,066

Density / Sq Mi

$156,373

Median Household Income

$85,444

Median Earnings

$2,435

Median Rent

$858,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Similar For Sale Nearby

See more

Two-Family Residential Income Property

39-41 Donnybrook Rd, Boston, MA 02135

$1,450,000

3,056 SF

View details

Two-Unit Duplex with Private Backyard

34 Roseway St., Boston, MA 02130

$1,449,000

2,894 SF

View details

Updated Two-Unit Duplex

259 Emerson St, Boston, MA 02127

$1,350,000

View details

Two-Family Duplex with Two-Level Unit

39-41 Westford St., Boston, MA 02134

$1,399,000

View details

Duplex with Fenced Backyard

36 Gordon Street, Boston, MA 02134

$1,590,000

3,246 SF

View details

Renovated Two-Family Home

62 Welles Ave, Boston, MA 02124

$1,369,000

2,800 SF

View details

Two-Family Duplex with Detached Garage

14 Bayard St, Boston, MA 02134

$1,300,000

2,820 SF

View details

Parlor and Garden Duplex

61 Saint Botolph St Unit 61, Boston, MA 02116

$2,580,000

2,124 SF

View details

Turnkey Two-Family Duplex

20-22 Ashford St, Boston, MA 02134

$2,700,000

4,156 SF

View details

Renovated Duplex with Private Outdoor Spaces

32-34 Perthshire Road, Boston, MA 02135

$2,299,000

4,160 SF

View details

Four-Bedroom Duplex with Private Terrace

144 Worcester Street Unit II, Boston, MA 02118

$3,150,000

2,309 SF

View details

Turnkey Two-Family with Roof Deck

19 Walker Street, Boston, MA 02129

$1,800,000

2,224 SF

View details

Frequently Asked Questions

What type of property is this?

Duplex - Both residences have flexible layouts, updated interiors, and private outdoor space at the ground-floor unit.

Where is this duplex located?

The property is located at 395 W Fourth Boston, MA.

What is the asking price?

The asking price for this property is $2,499,999.

What are key features of this property?

This property features: Two residences, each with 4 bedrooms and 2 full bathrooms; Upper residence includes an office; Lower residence has 2 outdoor areas